The Big Story

Over $413 million for 23 state-owned enterprises

MOF to conduct “cost-recover” study on SOEs NASSAU, BAHAMAS - Twenty-three state owned enterprises are set to receive $413.8 million in the upcoming fiscal period, according to the 2019/2020 budget introduced in Parliament last Wednesday. The allocation for subventions represents an increase of $15.53 million, over the $398.29 million budgeted for these institutions this period. The bulk of the increase will...

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Four charged with fraud

NASSAU, BAHAMAS - Two males and two females appeared in the magistrate court on Monday, to answer to a number of financial crime charges. Antonio Coleby, 38, of Seabreeze Lane was charged with six counts of possession of a forged document. According to the prosecutor, Inspector Philip Davis, on May 27th, Coleby was allegedly found in possession of fake visa...

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Senate passes National Crime Intelligence Agency Bill

AG says opposition’s failure to support bill “rank hypocrisy” NASSAU, BAHAMAS - Senators debated and passed the National Crime Intelligence Agency (NCIA) Bill, 2019, yesterday. The four opposition senators voted against the legislation. The bill will establish a government agency, referred to as the NCIA, to gather intelligence on individuals and/or entities which pose a potential threat to the national...

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Arawak Cay gets $130k facelift

NASSAU, BAHAMAS - A multi-million-dollar overhaul at Arawak Cay has raised the standard of public restroom facilities at the popular cultural eatery hub, following years of vandalism that has left the eastern and western restrooms on the cay in a constant state of disrepair, according to Paul Willie, Arawak Cay Manager. Willie confirmed yesterday that the renovation at Arawak Cay...

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Rights Bahamas: Gov’t failed to report on threats to protect Save The Bays activists

NASSAU, BAHAMAS - The Rights Bahamas group on Monday revealed that the Inter-American Commission on Human Rights (IACHR) has had to reiterate its request for information from the government regarding threats against the safety of human rights defenders in the Bahamas. In a statement released yesterday, Rights Bahamas said the threats in question were reported to the Commission in December...

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Illegal firearms and ammunition recovered, three in custody

NASSAU, BAHAMAS - Police in the capital recovered three illegal firearms from the streets of New Providence in two separate incidents on Sunday, June 2, 2019. Three adult males were also taken into custody. In the first incident, according to police reports, shortly after 2:00p.m. on Sunday, Central Detective Unit Officers, acting on information, while on Blueberry Hill Road off...

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C.A. Smith to be appointed Governor General

Announces resignation and date of swearing-in. PLP leader says appointment is a violation of all protocols. NASSAU, BAHAMAS - Cornelius A. Smith, the country's non-resident ambassador to six Central American countries, including Panama, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, announced his resignation over the weekend. He also announced the government’s plan to appoint him at the end of...

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Investar shares go on sale today

NASSAU, BAHAMAS – Beginning today, June 3, Investar Securities Limited will begin offering Bahamians the opportunity to purchase shares in the Titan Balanced Fund and the Titan Fixed Income Fund. Shares can be purchased today at Investar Securites, Cash&Go and Green Leaf Financial Services. The Titan Balanced Fund offers shares at $5.00 dollars with a minimum investment of $500.00 dollars....

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Foulkes: Safety of participants at Labour Day parade is govt’s “chief priority”

NCTU: Police will be enforcing no vehicle zones NASSAU, BAHAMAS - As last year’s Labour Day parade was marred by tragedy, Minister of Labour Dion Foulkes expressed on Sunday that the safety of participants at this year’s parade, scheduled for Friday, June 7, is the government’s chief priority. “To this end, the government and our ministry are working in conjunction...

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Budget increases for auditor general, dept. of statistics

NASSAU, BAHAMAS - With increases in the upcoming budget for the Department of Statistics and the Office of the Auditor General, the public can expect more frequent, improved reporting from both departments as well as greater resources and modern tools to facilitate more “accurate and fair” reports. In the upcoming budget, the Department of Statistics will receive $5.24 million —...

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Potholes to be addressed at LPIA this summer

NAD to embark on “substantial” capital improvement project NASSAU, BAHAMAS - Following safety recommendations from the Air Accident Investigation Department (AAID) to address “numerous potholes” at the General Aviation Center of Lynden Pindling International Airport (LPIA) that posed a potential threat to aircraft, Minister of Tourism Dionisio D’Aguilar said the Nassau Airport Development (NAD) Company is set to undertake a...

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Carnival Corporation Execs to appear today in a Florida court

NASSAU, BAHAMAS - Judge Patricia Seitz, the judge presiding over the most recent environmental pollution case against the Carnival Corporation, hasorderedtop Carnival Corporation executives, including board chairman Micky Arison and CEO Arnold Donald to appear in court today, June 3, at 2 pm. The court appearance will be held at the Wilkie D. Ferguson, Jr. United States Courthousein Miami, Florida....

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Hotel Union vote in favor of strike

NASSAU, BAHAMAS - Unofficial results tallied from yesterday’s strike poll taken by members of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) will give hoteliers the green light to take industrial action on hotel properties across New Providence, according to Darrin Woods, BHCAWU President. Two hours after polls closed on Thursday evening, Woods confirmed to Eyewitness News Online that...

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Govt. to spend $18.9 million on travel

Financial Secretary says figure does not reflect significant increases to govt. travel NASSAU, BAHAMAS - While originally allocating $8.95 million for “travel and subsistence” in the upcoming fiscal year, the Minnis administration has allocated an estimated $18.93 million, according to the budget for 2019/2020. In the current budget introduced last June, the government increased the allocation for travel, budgeting $8.88...

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